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Author Topic: [WDC] Worldcoin | 3.0 Flirtatious Ant Released! | Multicoin architecture  (Read 406989 times)
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January 15, 2014, 11:18:55 PM
 #2201

I've been questioning WDC a lot lately too. It seems the entire future of WDC is based on Scharmbeck and a few other qualities that virtually all alt coins have now (fast transaction times, large supply, etc. Soon, I don't know if even Scharmbeck will be much of an advantage, as cryptsy should be accepting USD at any time.

Personally, WDC is not about Scharmbeck. WDC is about focusing a coin in a direction and the team behind WDC is focused.

Scharmbeck gives WDC an edge towards other alt coins.

It shows they are focused on what other coins are not, they are not looking to 'join' an exchange with fiat, they are creating one.

This is a different show!

thanks

RB




Thanks.  I think I actually understand now. While all the other altcoins fight amongst themselves over peanuts, WDC is basically creating a direct competitor to BTC.
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January 16, 2014, 12:10:27 AM
 #2202

I've been questioning WDC a lot lately too. It seems the entire future of WDC is based on Scharmbeck and a few other qualities that virtually all alt coins have now (fast transaction times, large supply, etc. Soon, I don't know if even Scharmbeck will be much of an advantage, as cryptsy should be accepting USD at any time.

Cryptsy having Alt > USD and USD > Alt trading isn't a deal-killer as far as the Scharmbeck piece of WDC is concerned. BTC has multiple BTC > USD markets available, but there's still a place for CoinBase (which I understand Scharmbeck is close to in terms of functionality) purely based on speed and convenience. Try getting USD from Mt.Gox after you sell BTC there  Shocked  To the best of my knowledge, CoinBase is about the only way of getting direct BTC > USD funds into a bank account without involving various expensive third party processors and/or lengthy delays.

The piece that seems to be getting the least attention, and that should be getting far more, is the merchant tools. As a merchant myself I can tell you that the only crypto-currency that I would even consider accepting right now is BTC. Taking on the double exchange rate risk of Alt > BTC > USD is an absolute logistics nightmare. If Scharmbeck manage a smooth implementation of customer payment in WDC > known amount of USD > a daily sweep to the merchant's bank account via ACH, they will be far, far ahead of any other Alt including LTC. Yes, I know about CoinPayments.net, and it's a good service. It lacks that moment-of-sale conversion to USD and any facility for then transferring those USD to a bank account though, and that's what merchants need.

When the time comes, I hope that a great deal of emphasis will be placed on the zero chargeback / reversal risk for merchants and the absolute security for their customers. As both "friendly fraud" and stolen card databases become a more pervasive problem, it's a win/win for both parties. As a consumer, if your credit card number is stolen then it can be a massive headache. If your WDC wallet address is revealed...well...absolutely nothing happens.

That's without even getting into the reduced acceptance fees vs the standard 2-2.2% + $0.25 per transaction that merchants pay for credit card ecommerce transactions.
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January 16, 2014, 01:29:14 AM
 #2203

http://blog.coinmkt.com/new-additions/

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January 16, 2014, 02:49:02 AM
 #2204

New Worldcoin pool now open. No fees! Mine for free!

Come join us at Pool of Pools!


http://wdc.poolofpools.com/index.php?page=gettingstarted

Our servers are very stable and secure, and we will do whatever it takes to help you out and make sure your mining experience with us is as close to perfect as possible.

We recently added a new chat module that pops up on the page--just click the PoP Chat link and get started. A few things to note: it doesn't store any logs, so you won't see anything except the messages that come after you've connected, and if you disconnect from the chat, you'll lose the history. Sorry, but it keeps the strain on the servers low so all the power goes to mining Cheesy

Come give us a shot. We think you'll appreciate the stable and smooth function of our pool, which is running the latest version of the MPOS system for the most detailed stats, the easiest-to-use account interface, and the best overall user experience.

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Cinnamon Coin
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Noodly Appendage Coin
World Coin

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http://poolofpools.com


Follow us on Twitter for customer service, updates, and more:

http://twitter.com/poolofpools



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January 16, 2014, 06:56:34 AM
 #2205

Price crashing down. No hope. Everyone's selling low.
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January 16, 2014, 08:08:03 AM
 #2206

http://dedicatedpool.com/images/logo.png

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January 16, 2014, 09:31:03 AM
 #2207

Price crashing down. No hope. Everyone's selling low.

See it as an opportunity to buy cheap Wink. It's far, FAR too early to write off Worldcoin just yet. The price crashes you're seeing are probably market manipulations and autosells, nothing to worry about. Generally, it would take a big negative announcement to cause a price crash, otherwise it's usually just the normal fluctuations.

I changed a few to other currencies the other day to spread the risk out a bit, but it's certainly not panic time yet.
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January 16, 2014, 03:12:48 PM
 #2208

All the altcoins have dropped in price, but WDC has actually been holding up pretty well.
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January 16, 2014, 03:20:07 PM
 #2209



I made this chart a few hours ago, and just checked the networkhashps in the Dogecoin console, it's fluctuating wildly, it's 22198148039, 30% less than when I made the barchart. Worldcoin is steady as a rock. The more miners, the higher the network effect, the more valuable the coin in the long term.

WDC: WdTbU9wKMDmZiCToKsmGG6gGHgaMww8CUU

CryptoCurrency industry consultant. Bitcoin campaign donations strategies and implementation.
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January 16, 2014, 08:47:24 PM
 #2210

I'm selling the domain WorldCoiner.com

Please post offers in WDC, BTC or get eBay link here:
https://bitcointalk.org/index.php?topic=415475.0

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January 17, 2014, 12:03:58 AM
 #2211

500 Worldcoin Facebook Giveaway!! https://www.facebook.com/worldcoinfoundation/posts/185809341628775

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January 17, 2014, 12:25:22 PM
 #2212


I did post this in the Worldcoin Foundation facebook thread as an entry, I would like any retailer or service provider who accepts Worldcoin as payment, or donation, to have this image available. To download the .png file which maintains transparency in the corners for use on any webpage background you can get that here and resize and resave as a .png as necessary: http://tinyurl.com/l82czno , that's on Mega for download, if that won't werk ... https://mega.co.nz/#!GVQGGbDZ!CxOdnWzByKU9jP7kgfHuji0kygta4HsBALCjMPbM6gc

Here's the image, (this is also a .png), if you want to download this and use it, go for it:



Tips are always appreciated in lovely Worldcoins:

WDC: WdTbU9wKMDmZiCToKsmGG6gGHgaMww8CUU

Any suggestions for edits, or additional sizing, or border colors, etc ... I'm always open to that. Thanks for MINING Worldcoin, ;-), especially as NUT2 has joined forces with Scharmbeck's mineworks! Good show.

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January 17, 2014, 07:50:06 PM
 #2213

Hello,
I want introduce you our NEW WDC mining pool on http://wdc.mining-pool.eu

MAIN FEATURES:

  • 2 powerful stratum servers with high security protection
  • PPLNS payment rewards
  • low 1% Fee
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  • variable difficulty from 16 to 1024
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  • DDoS protection

All functions work, servers are really strong and stable!

TRY IT! Wink
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January 18, 2014, 08:24:54 AM
 #2214

Hi , I asked a manual cash out on wdc.coinmine.pl yesterday and don't get it yet. Someone knows a problem with that ?


edit : ok I understood. I needed to synchronize my wallet. Strange because it is always open.
Well , problem solved.

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January 18, 2014, 10:03:25 AM
 #2215

I've been questioning WDC a lot lately too. It seems the entire future of WDC is based on Scharmbeck and a few other qualities that virtually all alt coins have now (fast transaction times, large supply, etc. Soon, I don't know if even Scharmbeck will be much of an advantage, as cryptsy should be accepting USD at any time.

The piece that seems to be getting the least attention, and that should be getting far more, is the merchant tools. As a merchant myself I can tell you that the only crypto-currency that I would even consider accepting right now is BTC.


I have to agree that the main focus at the moment should be the merchant options. Scharmbeck is a great way to allow people to buy directly into WDC and sell WDC to $'s.

As the chap above rightly mentions, most people will only accept BTC as a valuable payment. Would someone accept an altcoin knowing that in a week it could half in value?

WDC has to put itself into a position where it is a trusted coin where people can happily accept it as a way of taking payment. After watching the market over the last few weeks, WDC has been very stable. I believe this is a good sign.

I think one of the reasons WDC isn't increasing in value at the moment is because there are lots of people mining and autoselling the coin.

Once Scharmbeck is released to the public, WDC only requires a handful of websites to accept WDC as payment through Scarmbeck's merchant options and the coin could quite easily take off..
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January 18, 2014, 10:28:21 AM
 #2216

I've been questioning WDC a lot lately too. It seems the entire future of WDC is based on Scharmbeck and a few other qualities that virtually all alt coins have now (fast transaction times, large supply, etc. Soon, I don't know if even Scharmbeck will be much of an advantage, as cryptsy should be accepting USD at any time.

The piece that seems to be getting the least attention, and that should be getting far more, is the merchant tools. As a merchant myself I can tell you that the only crypto-currency that I would even consider accepting right now is BTC.


I have to agree that the main focus at the moment should be the merchant options. Scharmbeck is a great way to allow people to buy directly into WDC and sell WDC to $'s.

As the chap above rightly mentions, most people will only accept BTC as a valuable payment. Would someone accept an altcoin knowing that in a week it could half in value?

WDC has to put itself into a position where it is a trusted coin where people can happily accept it as a way of taking payment. After watching the market over the last few weeks, WDC has been very stable. I believe this is a good sign.

I think one of the reasons WDC isn't increasing in value at the moment is because there are lots of people mining and autoselling the coin.

Once Scharmbeck is released to the public, WDC only requires a handful of websites to accept WDC as payment through Scarmbeck's merchant options and the coin could quite easily take off..

It's a stable decline in value we are seeing, meaning merchants has no incentive to accept it. It's the complete opposite. I hope Scharmbeck turns this trend around.
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January 18, 2014, 05:34:00 PM
 #2217

I've been questioning WDC a lot lately too. It seems the entire future of WDC is based on Scharmbeck and a few other qualities that virtually all alt coins have now (fast transaction times, large supply, etc. Soon, I don't know if even Scharmbeck will be much of an advantage, as cryptsy should be accepting USD at any time.

The piece that seems to be getting the least attention, and that should be getting far more, is the merchant tools. As a merchant myself I can tell you that the only crypto-currency that I would even consider accepting right now is BTC.


I have to agree that the main focus at the moment should be the merchant options. Scharmbeck is a great way to allow people to buy directly into WDC and sell WDC to $'s.

As the chap above rightly mentions, most people will only accept BTC as a valuable payment. Would someone accept an altcoin knowing that in a week it could half in value?

WDC has to put itself into a position where it is a trusted coin where people can happily accept it as a way of taking payment. After watching the market over the last few weeks, WDC has been very stable. I believe this is a good sign.

I think one of the reasons WDC isn't increasing in value at the moment is because there are lots of people mining and autoselling the coin.

Once Scharmbeck is released to the public, WDC only requires a handful of websites to accept WDC as payment through Scarmbeck's merchant options and the coin could quite easily take off..

It's a stable decline in value we are seeing, meaning merchants has no incentive to accept it. It's the complete opposite. I hope Scharmbeck turns this trend around.


Hehe.

Sakkosekk. Vurderte det nick`et. Angrer nå. Ser bra ut. Smiley
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January 18, 2014, 11:23:08 PM
 #2218

Mcafee siteadvisor reports a warning for the worldcoinfoundation.org site

http://www.siteadvisor.com/sites/worldcoinfoundation.org

I'm expecting this is a false positive but does anyone know why this would happen?  If there's something on the site causing this it needs to be removed otherwise it could give a bad first image to anyone using siteadvisor.

Fun & Friendly p2pool Mining at TreasureQuarry.  Litecoin http://litecoin.treasurequarry.com:9327 Dash p2pool  http://dash.treasurequarry.com:7903
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January 19, 2014, 12:55:28 AM
 #2219

Can someone tell me why the price is crashing ?

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January 19, 2014, 01:02:53 AM
 #2220

Can someone tell me why the price is crashing ?

All alts have been going down.
Nothing to worry about with WDC.
In fact, it's a great buying opportunity with direct buying being open to public in the near future. I'm guessing (and hoping, tbh) price will double or more once they go live.

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